Managerial Economics 2nd Edition by William Boyes

تمرين 88

According to a recent study, "In the late 19th century, it was popular for executives to strive for revenue maximization" (see J. Scott Armstrong and Kesten C. Green, "Competitor-oriented Objectives: The Myth of Market Share," International Journal of Business , 12, no. 1 (2007): 116.) Explain and demonstrate how market share and revenue maximization are related